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In Focus
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Mayer Brown launches multifaceted COVID-19 support platformMayer Brown has launched a COVID-19 web portal, blog and Global Traveler Navigator tool. Our COVID-19 Global Response Team is closely monitoring the situation worldwide and is equipped to respond rapidly to client inquiries while providing holistic and practical guidance to novel questions arising from the impact of the coronavirus.
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Managing Your Capital: A Practical Guide for Issuers and Borrowers Facing Economic UncertaintyThe current market environment, created by the global COVID-19 pandemic, has few parallels. During periods of economic uncertainty, many issuers and borrowers face significant and difficult issues in managing their capital structure. The purpose of this guide is to provide issuers and borrowers with practical guidance to control proactively their capital structure.
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Competition Tribunal Sheds Light on How Calculation of Pecuniary Penalties was DoneOn 29 April 2020, Hong Kong’s Competition Tribunal (Tribunal) handed down its first judgment (Judgment) on pecuniary penalties against 10 construction and engineering contractors (Respondents). This decision follows the judgment it handed down on 17 May 2019, which found that all 10 Respondents contravened the First Conduct Rule of the Competition Ordinance (Cap. 619) (Ordinance) by engaging in market sharing and price fixing in providing renovation services at Phase 1 of On Tat Estate, a public rental housing estate in Kwun Tong, Kowloon.
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May 262020We have compiled the following chronology table which serves as a quick reference point to track the circulars and guidance published by HK financial services regulators in relation to COVID-19. We will update the table regularly. Kindly note that the table is not intended to capture all regulatory publications on an exhaustive basis
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May 252020Hong Kong's Equal Opportunities Commission (EOC) has announced the establishment of an Anti-Sexual Harassment Unit (ASHU). The EOC proposes that the ASHU will comprise four members and its main objective will be to help victims of sexual harassment to explore options available and support them to make an informed decision about the next step they would like to take. It will provide victims with a safe and confidential platform to seek free advice from.
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May 252020The application window for the ESS opens today. This is the first time that we have had a chance to see the undertakings that are a key part of the application requirements.